Timber! Lumber prices are falling hard

Supply chain bump

Demand slump

You may get lucky and get some lumber for less than you've been paying, but high lumber prices are here to stay. Every step of the process, from felling to delivery involves gasoline or diesel.

Big box stores have been selling fir for right around $1.50 a board foot and that rarely reflects any changes in the commodities market.

Lowes in my area sells 2x4 x10 @$10 / taxed/, placed online order .Come to pick up and was presented basically mill scraps , more hole knots than teenager face , bowy plain junk .
When they shut down country they let chosen ones make killing on sales , set any price they want

I've been resorting to re-ripping old lumber rather than buying new for major projects. It killed me to have to buy a bunch of shit OSB just to finish. That and the fuel to drive my truck far enough to pick it up.

It's too hot to want to work in the sun anymore. Maybe I should just buy stuff when the price craters and wait for fall.

its over... It was all covid stimulus money

Now reality strikes, Ive been in Home Depot and lowes at least 10 times in the last 2 weeks


they are always empty

I'm still looking for the ten dolla OSB and two dolla 2x4's.

i work construction all building supplies are still sky high in michigan im at the lumber yards and lowes menards home depot constantly everything is sky high or out of stock still

If you buy lumber regularly, consider getting to know a local sawmill operator. We can't stay in business selling junk like box stores. My prices are cheaper and I don't charge sales or lumber taxes. If you need graded lumber, you can hire a grader or even stamp it yourself (different rules apply in different jurisdictions, but generally most counties have a list of graders they accept). We also don't usually source our logs from these commercial farming operations but rather from naturally grown logs that got removed as part of utility trimming, for example. My fir has much tighter grain than anything you can buy at home depot.

demand here just fucking completely stopped

in 2 weeks like the lights fucking went out

property prices dropped 25%

its the interest rate shock

you cannot sell a property anymore to anyone

who will loan out 500k with interest rates spiking

Which state are you in??

time to buy that fixer upper or plot o land

Prices are still out of control on lumber. Even though prices are low on the spot, inflation, duties and transportation costs have held them high.

TIMMMMBEERRRRR

^^^^^^This, this, this^^^^^^

I always seek out the local sawmills. Some are purely commercial and won’t do private sales, some are very flexible and have everything you could think of. I got some ash and cherry for less than what people were paying for 2x4’s at Home Depot. The market is crazy!

Also, if you travel you can get good prices on regional species. Driving through Texas I picked up some slabs (no kidding) of mesquite, in SC some pecan, Oregon some walnut…

Good, I want to build a fence around my yard by next year to keep the unwashed hordes out of my survival garden. Lumber is making it very expensive right now.

#metoo

People are struggling just to buy essentials...no time for luxury items like lumber....

Fk all these builders who destroyed the countryside with their sht boxes. Good. I hope those sht boxes rot and I hope those builders starve. We know they won't tho. They built all this crap with credit. Time to kill these people.

Maybe but maybe not. I pass by a very high end homes subdivision on my way to work every day and there are 4 new constructions going on right now in various stages of completion. The slump is for poor people. Rich people don't really care how much lumber costs.

not yet, nowhere near the bottom yet, if you have the cash
just hold it and wait for the big ass fire sale that is
coming but it's still probably a year or more away!

That's good news for me. Now I can at least afford lumber since I can't afford anything else.

Having a friend with a saw mill and endless trees pays off big time.

That's what I've been doing too.. I got lucky and salvaged 4 4x12x10 garage door headers, they all got milled into 2x4s for backing and blocking.

You knew I would!

yes it is but the loggers i know are getting killed with
diesel prices atm!

meh

up 500%

down 50%

still up 250% from 2019


For yanks that can't follow %.


Item was $100 in 2019

Peaked at $500 in 2021

Now it's at $250

All #s are approximate.

Last Edited by JustSomeGuy_42 on 06/10/2022 11:44 AM

I wood like to express my thanks for the pine!



I need my deck repaired from storm damage last winter... finding lumber is not a problem, but finding LABOR is. I've tried contacting half a dozen contractors, including the Amish... nobody is even returning calls. (Yes the Amish are listed on Google believe it or not)

Our insurance, who is supposed to be doing this, has basically thrown up their hands and told us good luck, find your own contractor!

Just wait till the housing market crashes 40 to 60%

Still $12.83 for a 2x4x10 @ my local box store. Not doing any projects anytime soon but good try "Apopka Voice"